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Mercer County, WV · Sold

WV-144587

6061 County Road 347

$55,100
$2,648/ac · 20.81 ac
Acreage20.81 ac
Price per acre$2,648/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedSep 3, 2025
Coordinates37.3512, -81.0164
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Mercer County, West Virginia. Steep timber and hunting acreage; the East's cheapest per acre.

View Mercer market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands19.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,910 ft away

A long utility run — price in solar/off-grid instead.

Buildable area15.91 of 20.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$70,995
$63,389$78,601 · $3,412/ac on 20.81 ac
Asking vs estimate
-22.4%
Priced below the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $55,100
Maximum allowable offer
$40,569
$1,949/ac · +30.0% target margin

You need $14,531 off asking to hit this margin.

All-in cost$44,017
Net resale$65,315
Projected profit$21,298
ROI+48.4%
Annualized+69.2%
Break-even resale$2,299/ac
Profit if resale lands off target
-20%
$8,235
-10%
$14,766
0%
$21,298
+10%
$27,830
+20%
$34,361
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-574622
Dirt · Power at road
21.3Aug 16, 2025$77,2003,6173,7372.6 mi
84
WV-224491
Dirt · Power at road
19.4Sep 7, 2025$63,0003,2473,3055.4 mi
82
WV-874527
Gravel · Power at road
19.9Mar 29, 2025$88,6004,4483,9789.5 mi
76
WV-996083
Dirt · Power at road
61.5Jul 27, 2026$167,5002,7243,2575.6 mi
70
WV-352870
Gravel · Off grid
6.0Apr 14, 2026$18,0003,0062,7308.6 mi
69
WV-663968
Gravel · Power at road
13.3Aug 10, 2024$52,5003,9533,4625.6 mi
68
WV-955712
Landlocked · Power at road
47.0Feb 16, 2024$98,4002,0933,3022.6 mi
66
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (12 mo)+4.2%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.